Uncertainty as to the ability and willingness of customers and trade partners to pay is a frequent trade barrier and can reduce a company’s profit opportunities significantly. Where a small number of customers make up a significant or unavoidably large share of a company’s customer portfolio, failure to make a payment can sometimes threaten a company’s very existence. To protect against these risks, there is a range of instruments with a variety of setups available.

Controlling risks is just as important as having protection, sometimes by addressing them in a targeted manner. Valuable information about a customer is always a prerequisite for making a conscious commercial decision – and large credit insurers around the world have the most extensive databases with company information and statements about their creditworthiness.

The market for instruments for protection and risk control has many layers and is not transparent, which makes it difficult for companies to optimise their credit management.

Then we create transparency for you in terms of protection options. Our expertise allows us to incorporate solutions that insurers do not offer off-hand, i.e. without targeted negotiation. Our years of experience make us the best partner to rely on to design the terms and conditions points and negotiate an optimal solution for you.

In this phase and for the duration of your credit insurance agreement, we are available to you for in-house training. If practical, we coordinate joint meetings with your insurer such as face to face reviews of credit limit decisions and their backgrounds.

Funk Credit

Specialities

Factoring

ABS

Forfaiting

Reverse factoring

Bonds

Tender bonds

Advance payment bonds

Performance bonds

Warranty bonds

Customs bonds

Dismantling bonds for solar/wind power plants

Credit control

Credit insuranceEven at an international level, you can rely on competent, trustworthy support in all matters concerning credit management. We work with the global Astreosnetwork, with credit specialists who can offer your subsidiaries and international offices on-site support in the national language.